Why did 0247.HK stock spike in volume today?

0247.HK stock saw a relative volume surge because trading volume reached **2,000.00** vs average **32.00**, creating a **relVolume 62.50**. The spike likely reflects concentrated orders rather than broad market participation, so confirm with follow‑through volume and technical signals.

Is 0247.HK stock fairly valued compared with peers?

Valuation is mixed: 0247.HK stock trades at **PE 18.98** and **PB 0.45**, close to real estate peers on PE but below on PB. Strong cash per share (**HK$24.28**) and low leverage support the current valuation, but cyclical revenue risk remains.

What are Meyka AI's short and 12‑month forecasts for 0247.HK stock?

Meyka AI's forecast model projects monthly **HK$17.72**, quarterly **HK$20.01**, and 12‑month **HK$22.21** for 0247.HK stock. These are model‑based projections and not guarantees; use them alongside fundamentals and technicals.

How should traders treat the intraday volume spike in 0247.HK stock?

Treat the intraday spike as a signal to watch levels: support near **HK$20.03**, resistance near **HK$21.00**, and the 50‑day average **HK$20.20**. Given low absolute volume, wait for confirmation or higher turnover before taking larger positions.

HK Stocks

Volume spike: 0247.HK Tsim Sha Tsui Properties HKSE 03 Feb 2026: next targets

ByHuzaifa Zahoor February 3, 2026

An intraday volume spike pushed 0247.HK stock to HK$20.50 on 03 Feb 2026, up HK$0.40 or 1.99% as trading showed a sharp relative increase. The lift came with volume 2,000.00 versus a 30‑day average of 32.00, giving a relative volume of 62.50. Intraday action kept the stock at its session high HK$20.50, close to the 52‑week high HK$21.00. We review why the volume move matters now for Tsim Sha Tsui Properties Limited (0247.HK) on the HKSE and what traders and investors should monitor next.